In a topographic map, each line represents a particular elevation above sea level, and in an indifference map each line represents a particular level of:

Because almost all economists oppose policies that restrict trade among nations, policymakers do not restrict imports of certain goods

a. True b. False Indicate whether the statement is true or false

A monopolist produces ________ than a perfectly competitive firm, and charges a ________ price

a. less; higher b. less; lower c. more; higher d. more; lower